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the dating business

Filed in archive Technology on February 6, 2005

The Internet Stock Blog has a long post about the dating business:

"Meir Strahlberg, CEO of Date.com, talked about the online dating business in a speech at an industry conference. Why does this matter to internet investors? First, Yahoo! and IACI both own an online dating business. Second, dating sites are big spenders on online advertising. Third, dating sites will converge with social networking and content businesses.

Here's the majority of the speech:

Jupiter Research forecasts that the online dating industry will grow to $550 million in 2006 from $220 million in 2002. bear in mind that these are only projections and that these forecasts are from October 2003. A new report will be out in a month. I think these projections are low, but even if Jupiter is correct, winning a small piece of a half a billion dollars is still a good business. And that's only in the U.S."


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Tags: online  personals  business  dating  technology  dating+business  venture+capital  social+networking 

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